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ivolga24 [154]
3 years ago
10

Presto company purchased equipment and these costs were incurred: cash price $65,000 sales taxes 3,600 insurance during transit

640 installation and testing 860 total costs $70,100 presto will record the acquisition cost of the equipment as
Business
1 answer:
REY [17]3 years ago
4 0
Given:
<span>cash price $65,000
sales taxes 3,600
insurance during transit 640 i
nstallation and testing 860
total costs $70,100

Presto will record the acquisition cost of the equipment as $70,100.

Acquisition cost is the cost of buying an equipment as well as the cost paid in making sure that the equipment is in working order. A cost is recognized as a part of an acquisition cost when its absence is detrimental to the purchase of the item. </span>
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The actions of the millions of producers is driven by self interest.

<h3>Who is a producer?</h3>

A producer is an individual or firm that makes goods and services for consumers. For example, a farmer who plants apples is a producer.  Also, the owner of the lemonade stand is a producer.

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3 0
2 years ago
Falcon Co. produces a single product. Its normal selling price is $29 per unit. The variable costs are $15 per unit. Fixed costs
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Answer:

$11,760

Explanation:

The sales less the variable cost gives the contribution margin. The contribution margin less the fixed cost gives the net operating income/profit.

Without the new offer

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= $70,000 - $20,900

= $49,100

For the new order a variable selling cost of $2 per unit would be eliminated, the contribution of the order will be

= 1680($20 - $15 + $2)

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This is the differential effect on profit.

5 0
3 years ago
Max, an employee at HiFi LLC, is responsible for performing the job analysis process in her organization. She is currently plann
kramer

Answer:

The correct answer is the option C: Conducting the job analysis.

Explanation:

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3 years ago
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3 years ago
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Aliun [14]

Answer:

Apparent Authority

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8 0
3 years ago
Read 2 more answers
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